Looking to diversify beyond ESEIX? The mutual funds below have the lowest correlation with ESEIX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from ESEIX.
Best Diversifiers for ESEIX
14 mutual funds have low correlation with ESEIX (below 0.3), 0 of which are negatively correlated. The least correlated is Eaton Vance Global Macro Absolute Return Fund (EIGMX) (Nontraditional Bonds) with a 1Y correlation of 0.06, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Fund | 0.06 | 0.13 | 0.06 | 99 | Nontraditional Bonds | ESEIX vs EIGMX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 0.10 | 0.17 | 0.09 | 98 | Nontraditional Bonds | ESEIX vs EGRIX | |
| One Rock Fund | 0.15 | 0.42 | 0.57 | 89 | Large Cap Growth Equities | ESEIX vs ONERX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 0.17 | 0.21 | 0.26 | 98 | Emerging Markets Bonds | ESEIX vs EELDX | |
| Columbia Global Technology Growth Fund Class A | 0.20 | 0.46 | 0.63 | 62 | Technology Equities, Large Cap Growth Equities | ESEIX vs CTCAX |
See all 34 diversifiers for ESEIX
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